Polished.com Inc. (AMEX:POL) saw a downside of -2.11% to $0.13 after subtracting $0.0 on Tuesday. The 5-day average trading volume is 5,948,305 shares of the company’s common stock. It has gained $0.1650 in the past week and touched a new high 2 times within the past 5 days. An average of 10,201,302 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,293,626.
POL’s 1-month performance is -75.96% or -$0.4086 on its low of $0.1123 reached on 08/16/23. The company’s shares have touched a 52-week low of $0.11 and high of $0.86, with the stock’s rally to the 52-week high happening on 02/16/23. YTD, POL has lost -77.48% or -$0.4462 and has reached a new high 4 times. However, the current price is down -84.84% from the 52-week high price.
Valuation Metrics
POL stock has a beta of 1.97. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.02 while the price-to-book (PB) in the most recent quarter is 0.23.
Polished.com Inc.’s quick ratio for the period ended March 30 was 0.80, with the current ratio over the same period at 1.20. In terms of profitability, the gross margin trailing 12 months is 16.70%. The trailing 12-month EBITDA margin is 8.55%. The firm’s gross profit as reported stood at $89.52 million against revenue of $534.47 million.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income shrunk -232.0% to $1.0 million, while revenue of -$139.24 million was 14024.0% off the previous quarter. Analysts expected POL to announce $0.04 per share in earnings in its latest quarter, but it posted $0.06, representing a 50.00% surprise. EBITDA for the quarter stood at more than $89000.0. POL stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 188.55 million, with total debt at $106.05 million. Shareholders hold equity totaling $105.47 million.
Let’s look briefly at Polished.com Inc. (POL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 21 August was 25.42% to suggest the stock is trending oversold, with historical volatility in this time period at 129.32%.
The stock’s 5-day moving average is $0.1341, reflecting a -1.05% or -$0.0014 change from its current price. POL is currently trading -73.87% above its 20-day SMA, -71.43% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -73.70% and SMA200 by-77.85%.
Stochastic %K and %D was 12.99% and 9.96% and the average true range (ATR) pointed at 0.0408. The RSI (14) points at 28.68%, while the 14-day stochastic is at 12.61% with the period’s ATR at 0.0462. The stock’s 9-day MACD Oscillator is pointing at -0.0123 and -0.0297 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for POL stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate POL as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
What is POL’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $1.00 and a high of $1.00, with their median price target at $1.00. Looking at these predictions, the average price target given by analysts is for Polished.com Inc. (POL) stock is $1.00.
